I've noticed an interesting thing lately. One of the services I provide is legal opinion letters to remove the restrictive legend from private stock (also known as a Rule 144 opinion letter). And once I write one letter for an employee to be able to sell their shares, that employee will often refer me to … Continue reading Removing Restricted Legends Shouldn’t Be a Chore
Category: Uncategorized
If You Are Thinking of Writing a Contract By Yourself with ChatGPT…
Please don't. At least not for anything important. ChatGPT or other large language models (LLMs) do not understand what they are writing. They only string words together, one after another, based on probabilities derived from their dataset. This allows them to do remarkable things, and they are getting better all the time, but LLMs are … Continue reading If You Are Thinking of Writing a Contract By Yourself with ChatGPT…
Compliance Should be part of Product Design, not an afterthought
When you have an exciting idea for a new product, it's easy to view compliance as a hinderance. You don't want the government telling you what to do! You want to move fast, break stuff, and do cool things! Perhaps the most brazen example of this ethos was in the crypto space, where companies openly … Continue reading Compliance Should be part of Product Design, not an afterthought